Angel Broking Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹305 - ₹306
- Lot size
- 49 shares
- Issue amount
- ₹600 cr
- Total subscription
- 0×
- Opens
- 22 Sept 2020
- Closes
- 24 Sept 2020
- Allotment
- 30 Sept 2020
- Listing
- 5 Oct 2020
Offer at a glance
Issue overview
- Issue size
- 1,96,07,835 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,945
- Fresh issue
- ₹300 cr
- Offer for sale
- ₹300 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,994
- Issue type
- Bookbuilding IPO
- Shares before issue
- 7,19,95,003
- Shares after issue
- 8,17,98,924
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 49 | ₹14,994 |
| sHNI | 14 | 686 | ₹2,09,916 |
| bHNI | 67 | 3,283 | ₹10,04,598 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Founded in 1996, Angel One Ltd is among India’s oldest and most trusted stockbroking firms, offering a wide range of financial services such as broking, margin funding, investment advisory, and research through its brands Angel One and Angel Bee, supported by its AI-based tool ARQ. The company has built a strong market presence, holding a 6.3% share on the NSE and managing 2.15 million active broking accounts as of June 2020, with digital transformation playing a major role in its growth. This shift helped Angel One become the fourth-largest broker by active NSE clients and the second-largest in new client additions in Q1 FY21, while reaching access to nearly 79.55 million potential investors by June 2020. Reflecting its rapid expansion and growing investor participation, the company’s average daily trading turnover increased sharply from ₹253,176 million in Q1 FY20 to ₹618,945 million in Q1 FY21.
Strengths
- Well-Established Brand: Trusted name in the financial sector with years of experience.
- Advanced Technology: Digital-first approach for seamless and efficient trading.
- Expanding Client Base: Millions of active investors across India.
- Widespread Reach: Strong presence across the country for easy accessibility.
- Consistent Growth: Strong financial performance and continuous expansion.
Promoters
Dinesh D. Thakka
Ashok D. Thakkar
Sunita A. Magnani
Registrar & documents
Lead manager
Edelweiss Financial Services Limited, ICICI Securities Limited, SBI Capital Markets Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
G-1, Ground Floor, Akruti Trade Centre, Road No. 7, MIDC, Andheri (East), Mumbai 400 093
+91 22 4000 3600
[email protected]Company website ↗Understanding ANGELONE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.